OMB APPROVAL
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
OBJECTSOFT CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
674427 10 9
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(CUSIP Number)
Check the following box if a fee is being paid with the statement[ ].(A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SEC 1745 (2-95)
Page 1 of 3 pages
<PAGE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 674427 10 9 13G Page 2 of Pages 3
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DAVID E. Y. SARNA
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 517,000
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 0
WITH 7 SOLE DISPOSITIVE POWER
517,000
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
667,000
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.1%
12 TYPE OF REPORTING PERSON*
IN
Page 2 of 3 pages
<PAGE>
CUSIP No. 674427 10 9 13G Page 3 of Pages 3
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Except as to Item 4, no change has occured with respect to the answer to any
items of this Schedule from the information last reported in respect of such
item
Item 4(a) Amount Beneficially Owned
As of December 31, 1998:
667,000 shares. Includes 150,000 shares owned by a
family trust established by the reporting person, of which the
reporting person has retained no right of revocation. One of
the trustees of the trust, Rachel Sarna, is the wife of the
reporting person. Mrs. Sarna has sole voting power and shared
dispositive power with the other trustee of the trust. The
reporting person is not a trustee of the trust. The reporting
person disclaims any beneficial ownership of the shares of
common stock of the issuer owned by the trust.
Includes 100,000 shares which are subject to
currently exercisable options held by the reporting person,
but excludes 50,000 shares which the reporting person may
acquire pursuant to stock options exercisable as of July 9,
1999.
Item 4(b) Percent of Class: 10.1%
Item 4(c) Number of share as to which such person has:
(i) sole power to vote or to direct the vote: 517,000
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of
: 517,000
(iv) shared power to dispose or to direct the disposition
of: 0
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 11, 1999
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Date
/s/ David E.Y. Sarna
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Signature
David E.Y. Sarna
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Name
Page 3 of 3 pages
